Frank Eimiller
Seller financing- What to know when you don't know
My broker friend and I have been talking for months at the YMCA about my interests in REI. We put together a possible seller financing deal and i'll be walking through the property in a little bit with him. When looki...
Maxwell Manatt
Our first deal 10 months later, Duplex Little Rock Arkansas
My wife and I bought our first rental Property in June 2016.Basics of the deal:Duplex in Little Rock ARPurchased on MLSPurchase price $105,000 (was listed at $140,000)Cash to close: $23,579 ($21,000 down payment, $2,5...
Ernest Grindle
Fee Comparison for Conventional Mortgage vs. Cash
Hello, I'm about to purchase my first investment rental property. I received a preapproval for a $68.8K loan on an $86K purchase. I'm planning to refinance in 6 months to pull out some of the ARV equity after some reh...
Nam Nguyen
Moving soon...rent or sell my HOA primary residence?
Currently live in a townhome style condo in South Riding, VA, but due to relocate within the year (active duty USAF, enlisted). I'm on year 4 of a 30 yr mortgage @ 3.75%. An evaluation of a rental price hasn't been ...
Kyle Z.
170,000 HELOC, now what?
I recently took out a 170,000 HELOC. The plan is to buy as many rental properties as possible with it. I plan to buy with cash and then refinance and take as much back out as possible. I would like to BRRRR where poss...
Stephen Lynch
Terminating property management contract
Hello,Unfortunately, I'm in a situation where I've had a rather poor experience with my property manager. They have made numerous mistakes over the years and I'm ready to move on (missing repairs, poor cleaning, slow ...
Mark Proctor
Help analyzing deal
Hi guys, I need some help analyzing a deal. I'm brand new to this, so there's a lot of things I might say wrong or not say at all.I'm looking at a condo in Knoxville, TN with 336 sqft. Asking price is 195,900. I ca...
Onyedika On
Tree on property line (grew through fence)
Hello BP,I have a situation where a tree on the property line may need to come down. The fence that also separates my property from my neighbors runs right through the tree (or more accurately the tree grew through th...
Julio Gonzalez
Green Energy Tax Credits for Homeowners
Did you know that as a homeowner, you are able to take advantage of green energy tax credits? These tax incentives can help offset making energy efficient upgrades to your home. There are two tax credits that are avai...
Account Closed
Manayunk Electricians - Philly Area
Hi BP Community,I got my inspection report back for a duplex in Manayunk. Both sides have knob and tube electricals. Can anyone refer a good electrician that has experience with knob and tube, and would be able to pro...